Never invest in any cryptocurrencies!

[Shallow]

I think most people approach crypto in the wrong way. With "get rich quick" approach.

If you come to crypto with such an attitude, you should never ever invest.

On the other hand, if you actually had to earn it while doing whatever you are usually doing anyway, that involves money?

Examples:
You get crypto as a token of gratitude after making donation to some project. (crowdfunding)
or
You are paid crypto as a bonus to your salary.
or
... (any other examples come to your mind?)

Wouldn't the whole cryptoworld be way more healthy? What do you think about it?

First I would say your title was a bit off, I mean I was thinking another thing altogether. However, your points are correct. The mentality of get rich quick has made many people to participate in fake giveaways, scam projects, Ponzi schemes and so on; this is all because they failed to understand that there is more to the crypto space. For example, Bitcoin has made peer-to-peer transactions possible, therefore showing that for once humans can have their privacy. By having this understanding of Bitcoin, one can easily research on any project thus knowing what is obtainable and so on, thus when that is understood, get rich quick mindset will be eliminated, participating in hype projects, Ponzi schemes will stop.
Take a look at the crypto space today in relation to DeFi hype, everyone can agree that in as much as most people have made gains, a whole lot has lost much as well, while many teams has exited scam also.
So in all ramifications, that mindset needs to be purged out of our minds.

[fortebettor]

easiest truth

will invest
- in education
 -in the family

immobility - it could be
gold -  it could be
btc -  it could be

..

[infocoino]

easiest truth

will invest
- in education
 -in the family

immobility - it could be
gold -  it could be
btc -  it could be

..

couldn't have shortened it more than that, really described it in the smallest amount of characters briefly

the investment with the highest return is always in education and family but immobility better to go for gold, but make sure to sell when it starts to go down and stay away of BTC it will never be as valuable as a gold man never

[ololajulo]

It seems to me that some people are still thinking about the losses incurred by investing in 2017 and they think that such a time is going to happen in 2020. The crypto market can change its shape at any time so before investing transform yourself into a knowledge force that you can pick good currencies and you will be superior for research.

If you are here in 2016 and made good money in 2017/18 you will compare or assess your state in the market now. Looking at the position of some coin in ones portfolio and the size, one can decide of how to maximize profit from the bull market

[Pamadar]

I think it's simply because all have a process stage. Talking about the salary of all work varies depending on how much we do it. Where analysis, investment experience, and financial support are the major items. This just my opinion.

Considering also your invested time and efforts, you'll be able to find success when you really deal to this market seriously. there's always potential to everyone who wanted to succeed, better to make sure that you are willing to go all in that's in terms of learning everything.

I think the most problem that happened to the newbies is want to make money with an instant way. They didn’t make any strategy how to manage some investment in cryptocurrency. The important thing is we must go through the process.

The problem is misconceptions regarding to this venue of investment, if you just jumped and ride without knowledge then surely you'll lose your money, always do your research and invest with your skills and knowledge before starting to invest in,.

[cute nmp]

Well investment is a good thing to do not only in crytocurrency .The best thing to is to make a good research about the project before investing so as to avoid risk.Many people have benefited from crytocurrency investment and on the other hand some have lost their money the most important thing to do is to be careful and chose the right project.

[BITCOIN4X]

Well investment is a good thing to do not only in crytocurrency .The best thing to is to make a good research about the project before investing so as to avoid risk.Many people have benefited from crytocurrency investment and on the other hand some have lost their money the most important thing to do is to be careful and chose the right project.

Risk? This is an integral part of investing because all crypto assets are risky asset. We cannot eliminate this risk, but we can only minimize it in the way we have, such as not investing carelessly and also not using all the capital in just one project.
DeFi is a new trend so far and very attractive to investors after several successful previous project. Many DeFi projects are currently available, but without research and knowledge I don't think it's worth investing in. Looking legitimate is also no guarantee that they will survive and be able to compete in the market for their thousand of coin.

[ZEIIMAN]

In my opinion, crypto gives you the opportunity to get rich quickly, but on the other side of the scale, quickly lose everything. No wonder crypto is considered a high-risk asset, so invest carefully and wisely.

[djmixen]

Crypto for me is a form of investment that can give an opportunity to everyone to earn even without investing any amount of money, although investment is just a second option. As a community member in crypto space, we shouldn't be negative even its too difficult for now for us to earn well at this point of time just continue what we have believed for about it.

[tiktokcoin]

Crypto for me is a form of investment that can give an opportunity to everyone to earn even without investing any amount of money, although investment is just a second option. As a community member in crypto space, we shouldn't be negative even its too difficult for now for us to earn well at this point of time just continue what we have believed for about it.

what do you mean by "an opportunity for everyone to earn even without investing any amount of money" do you mean no investment needed in assets like office and renting or such things normal companies need

because in crypto you just have the coin, same goes with the assets in the market if you don't want to lose money at the start of your investment

but overall I agree that crypto is the high-risk investment but with a very low rate of requirements and you can start as low as 5-50 USD

[LimLims]

I think the most problem that happened to the newbies is want to make money with an instant way. They didn’t make any strategy how to manage some investment in cryptocurrency. The important thing is we must go through the process.

Well said mate.
All want is just easy money and that too in short period of time.
And for now they are blaming that the cryptos are pushing them into losses.
But it's due to their foolishness they are getting losses.
It's always advised to invest in stable cryptos, though it will give less profit in a longer period of time, but still it's reliable and risk free.
Hope this clears some confusion Op.

[mirgo1791]

as rewarding tasks on offers made as done on completion, parties with the business might accept transmission of balance on returns with the submitted jobs as more might work on extensive plan with the trading or just exchange into fiat to spends for daily needs.

[arbifahrozy]

Well, newbie want to get easy money but they dont know what cryptocurrency is about. They only know they have an oppurtunity to get easy money and it usually lead to big loss. If you want to invest on cryptocurrency you should watch & learn.

[dificanovi]

investing in cryptocurrency is not always profitable and not always detrimental, we can see the movement of crypto currency price charts in several crypto markets. if there is a decline in cryptocurrency then we can take opportunities here, we buy altcoins that have decreased and when the price increases we can sell them for profit. I recommend buying a decentralized altcoin so that you don't lose because a decentralized coin must have a price and a lot of buyers so there are many opportunities for the coin to go even higher.

[Insomnia family]

Cryptocurrency is one of the best investment tools today but many people are losing money due to lack of knowledge and wrong mindset. what they have in mind is that crypto can make it rich fast. in fact that is not true, investing takes time and other problems that they stay focused on the reward and do not think about the risks.

[mydona]

Cryptocurrency is one of the best investment tools today but many people are losing money due to lack of knowledge and wrong mindset. what they have in mind is that crypto can make it rich fast. in fact that is not true, investing takes time and other problems that they stay focused on the reward and do not think about the risks.

yes, people keep telling themselves that it will work we will double the money, ignoring any realistic analytics or predictions.

it is human nature, not something related to the crypto, in every field we hate to say that there is a percentage to lose something.
but tbh if we keep looking at the bad side or smth this will let us not move 1 step ahead and stay in the comfort zone forever

[matteo_invst1]

when you want to be an engineer, doctor, lawyer or any high pay jobs you need to spend at least 5 year to gain knowledge about that profession, Cryptocurrency and trading is not different from other profession. you need time to learn and gain knowledge about it. 

[cristiano77]

when you want to be an engineer, doctor, lawyer or any high pay jobs you need to spend at least 5 year to gain knowledge about that profession, Cryptocurrency and trading is not different from other profession. you need time to learn and gain knowledge about it. 

not sure if this is a fair comparison, but we can say it like, as long as you learn, as much as you make fewer mistakes, that is why doctors take much longer learning, because it is one of the most jobs that we will never want to have mistakes, and rocket science (you know why )

[weborsha]

The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.

[Pintadj]

The desire to get easy gains is in human nature. If you stop a person in the street and ask what he wanted, he wuold say he wanted to wake up rich tomorrow.

People want to do nothing and earn an passive income. In cryptocurrency it is possible to earn income on token holding thanks a staking system. But it is very important to choose a right coin to hold. Here is an article about different kinds of staking system https://medium.com/bonfiorg/introducing-bonfi-web-staking-7368467d18cc.